Excellent review on tier A , B and C passports. 01:28 An important notice. 03:28 Tier A definition and explanation 07:04 Tier B definition and explanation 10:07 Tier C definition and explanation 13:10 Exceptionally improved passports in recent years.
@Khay McBride Yeah; the countries of Central America have territorial tax systems.... which could be a great option for many people (though it doesn't hurt to know a little Spanish).
13:49 you nailed it! Even a tier C passport becomes invaluable if it complements the ones you have. I really believe that a passport portfolio has to be geographically and "politically" balanced, and maybe some tier C passports are the best options to implement this.
Tier C are the best passports for freedome of living. I have an algerian pass. During Corona I went there and spent one year. Best decision ever, no Corona pass, no restrictions, nothing. Everyone needs to get a Tier C pass.
As a Hong Konger, Boris Johnson basically handed us a free tier A today. Best news I’ve received all year. My only alternative Tier A option would have been the US (through marriage) or maybe Germany, but they’re not allowing dual citizenship so probably not,
Matthew Smith well it’s 5 years of living there. Even many citizenship by investment programs have requirements like that. Considering we were thinking of getting a golden visa in Portugal (also needing 5 years) and this doesn’t cost anything, I consider it free.
I’d be interested in learning how citizenship in Germany has changed over the years. While I was in the US Army in Darmstadt in 1992, one of the guys I worked with came to work one day right before he was due to re-enlist and said he wasn’t going to re-enlist. He had a German girl friend with 2 kids and they were planning on getting married. So, he went to the local city government, paid $2-3,000 USD and became a German citizen. I assume he gave up his US citizenship because he later said he was concerned about being sent back to a combat zone if he stayed. A few months later, another guy from work ran into him in downtown working for a German telecom company.
Thanks for what you do Andrew! I’ve been telling my husband we need to leave since 2007 when I saw the set up of the housing bubble by the big bank I worked for…unfortunately I’m married to a the US is still the greatest country in the world guy…
I'm a dual US and Jamaican citizen. I want to move to the UK and I've been looking to see if I qualify for citizenship through descent. If I don't, is a British passport worth going through the naturalization process?
I have dual Canadian and Italian citizenships so I have the best of both worlds. I just don’t know what to DO now, but I appreciate the videos, I’d love to take a webinar of yours if possible. (I’m wondering if I should invest in the future in a Caribbean passport too?)
We don't host webinars, but we do have a conference at www.nomadcapitalist.com/live/ and work with private clients at www.nomadcapitalist.com/apply. Hope we may be of service one day.
It's interesting how one could balance out their freedoms and travels by holding multiple passports. Who knows what USA will like like in 20 years, might NEED a new passport by that time.
You can look at the list of passports subject to the Visa Waiver Program Improvement and Terrorist Travel Prevention Act of 2015. Those citizens need a visa to visit the US even if they have a visa free passport.
I really like this concept of visa waiver. So you need to get the visa waiver: apply online, pay, have biometric passport and be in have country that has agreements for the host country you are entering to have access to any or all your data. Which is illegal for the country you have the passport in to access unless they either doing it or allowing the foreign country do mine it as per the agreement. This is a Visa just.
Andrew, thank you for the interesting topics! The thing is - the more I watch your videos the more I'm stuck with the basic paradox - when you are an American it's pretty much useless to have a second passport for immediate tax benefits. You are going to pay your US taxes this way or another. So, if you are getting your second passport, it's an insurance policy for the future when you need/have to renounce your US citizenship or it's just for fun (more or less). No serious benefits for you as American. What are your thoughts on this conundrum? :)
How about solid A+ plus passport is it includes Canada 🇨🇦 & Australia 🇦🇺 which one is better out of those two and which is the 1 passport that you would choose to have if you can only pick one anyone you want ☝️ for the rest of your life
I would choose Australia. I actually have both citizenships. Canada by birth and Australia by Naturalization. The bonus of Australia has the Trans-Tasman Travel Arrangement with New Zealand. This allows for the free movement of citizens of one of these countries to the other. Besides that both Canada and Australia are very similar…. Just the weather is different.
Excellent review on tier A , B and C passports.
01:28 An important notice.
03:28 Tier A definition and explanation
07:04 Tier B definition and explanation
10:07 Tier C definition and explanation
13:10 Exceptionally improved passports in recent years.
😉😉😉
I love how Andrew always mentions El Salvador!
@Khay McBride Yeah; the countries of Central America have territorial tax systems.... which could be a great option for many people (though it doesn't hurt to know a little Spanish).
@Khay McBride Good comment. As an Iranian, South
America and Central America would be my first destination for second passport.
El Salvador= The Savior
What else do you need after that!
13:49 you nailed it! Even a tier C passport becomes invaluable if it complements the ones you have. I really believe that a passport portfolio has to be geographically and "politically" balanced, and maybe some tier C passports are the best options to implement this.
So I should be happy of having a tier C one. 😂😂
If the Western world has a massive crisis, having an escape route to a far flung country will be a lifesaver.
Tier C are the best passports for freedome of living. I have an algerian pass. During Corona I went there and spent one year. Best decision ever, no Corona pass, no restrictions, nothing. Everyone needs to get a Tier C pass.
I recently found out that I qualify for a second passport by descent! I finally found my escape route from the West!
Congrats ! And which country would be that?
As a Hong Konger, Boris Johnson basically handed us a free tier A today. Best news I’ve received all year. My only alternative Tier A option would have been the US (through marriage) or maybe Germany, but they’re not allowing dual citizenship so probably not,
Matthew Smith well it’s 5 years of living there. Even many citizenship by investment programs have requirements like that. Considering we were thinking of getting a golden visa in Portugal (also needing 5 years) and this doesn’t cost anything, I consider it free.
Andrew, Thank you for your content. I have ordered your book on Amazon!
1. Stability of a country.
2. Strategic Geographic Locations are important for me.
3. Weather, Hazards,
I’d be interested in learning how citizenship in Germany has changed over the years. While I was in the US Army in Darmstadt in 1992, one of the guys I worked with came to work one day right before he was due to re-enlist and said he wasn’t going to re-enlist. He had a German girl friend with 2 kids and they were planning on getting married. So, he went to the local city government, paid $2-3,000 USD and became a German citizen. I assume he gave up his US citizenship because he later said he was concerned about being sent back to a combat zone if he stayed. A few months later, another guy from work ran into him in downtown working for a German telecom company.
Monty Powers regardless of anything else I don’t think German citizenship is a good one if you’re a nomad. They don’t allow dual citizenship.
I am a Canadian with a great passport but having options and diversification is important in today’s world
Thank you, Andrew, 🙌🤝👏👏⭐️🌟💡🤩👍
Thanks for what you do Andrew! I’ve been telling my husband we need to leave since 2007 when I saw the set up of the housing bubble by the big bank I worked for…unfortunately I’m married to a the US is still the greatest country in the world guy…
Thanks for the info..👍🏽👍🏽
In the last few years the Peruvian passport went from a terrible C to a solid B+ (Schengen + UK).
US is an A passport with places like Singapore and Japan being A+ ; Americans are given a hard time in a few places and has political baggage.
Any passport that bans dual citizenship is tier D in my book.
is British+Spanish+Mexican a good combination?
Is there a list of these Tier's that shows which passport is under which Tier? Would be a nice reference to have if anyone can share.
Bahamian passports don’t need a visa from the US or Canada(needs an eta but not a visa) and has no income tax.
I'm a dual US and Jamaican citizen. I want to move to the UK and I've been looking to see if I qualify for citizenship through descent. If I don't, is a British passport worth going through the naturalization process?
Czech passport is great,I can visit more countries than Poland with my passport
I have dual Canadian and Italian citizenships so I have the best of both worlds. I just don’t know what to DO now, but I appreciate the videos, I’d love to take a webinar of yours if possible. (I’m wondering if I should invest in the future in a Caribbean passport too?)
We don't host webinars, but we do have a conference at www.nomadcapitalist.com/live/ and work with private clients at www.nomadcapitalist.com/apply. Hope we may be of service one day.
If Comoros Islands citizenship were still available for $50K, I'd buy it... IMMEDIATELY.
Great Video
you are the first english speaker who i seen pronounced bahrain correctly
Thanks! 😊
There's no such thing as a bad passport. It's just a matter of how you want to use it and your goals and lifestyle.
Why CUNA and not UCAN? I mean, if U CAN visit those countries visa free your passport is probably tier A.
It’s because there is a silent “T” in there too LOL
It's interesting how one could balance out their freedoms and travels by holding multiple passports. Who knows what USA will like like in 20 years, might NEED a new passport by that time.
Also a question of what will happen to the US dollar in forex markets. Something BIG is going to happen there... within 10 years, if not 5.
Cryptocurrency will more then likely become illegal in America if this passes. Senate Bill 4051, the “Lawful Access to Encrypted Data Act”.
what about Qatari, Kuwaiti, Omani passport? they don't have access to EU but they have to UK and New Zealand ?
Please tell me if FIJI could be an option why or why not?
What tier is a Mexican passport considered?
Very Great review
I am wanting information on a rentista Visa or retirees visa, country of interest. Peru. And any in Europe as well.
Do you have to invest or start a business in Brazil to get a passport if your spouse is Brazilian?
No. You have to live here for a year. That's all.
what about Tier D? Passports you wouldn't take even if they paid you (e.g. Iran)
North Korea is probably tier D...
@@PauloGaetathe_original NK is solid F
You can look at the list of passports subject to the Visa Waiver Program Improvement and Terrorist Travel Prevention Act of 2015. Those citizens need a visa to visit the US even if they have a visa free passport.
I have an EU passport, so I’ve got unfettered access to all EEA countries.
I really like this concept of visa waiver. So you need to get the visa waiver: apply online, pay, have biometric passport and be in have country that has agreements for the host country you are entering to have access to any or all your data. Which is illegal for the country you have the passport in to access unless they either doing it or allowing the foreign country do mine it as per the agreement. This is a Visa just.
One A tier passport
One C tier passport
And the rest are all But tier passport
Andrew, thank you for the interesting topics! The thing is - the more I watch your videos the more I'm stuck with the basic paradox - when you are an American it's pretty much useless to have a second passport for immediate tax benefits. You are going to pay your US taxes this way or another. So, if you are getting your second passport, it's an insurance policy for the future when you need/have to renounce your US citizenship or it's just for fun (more or less). No serious benefits for you as American. What are your thoughts on this conundrum? :)
Right now US passport can only get you to like Mexico bc ronah.
All the more reason to have a second passport and a second residence.
How about solid A+ plus passport is it includes Canada 🇨🇦 & Australia 🇦🇺 which one is better out of those two and which is the 1 passport that you would choose to have if you can only pick one anyone you want ☝️ for the rest of your life
karar may Australia because it is warmer. :)
I would choose Australia. I actually have both citizenships. Canada by birth and Australia by Naturalization. The bonus of Australia has the Trans-Tasman Travel Arrangement with New Zealand. This allows for the free movement of citizens of one of these countries to the other. Besides that both Canada and Australia are very similar…. Just the weather is different.
Canadian taxes are already very high but after this corona quarantine they will raise taxes even more.
Sad but true.
I can't believe the salvadorian and even the Panama passport are so strong, meanwhile the Dominican passport is trash
Can’t go to any Islamic country with an Israeli passport.
Not any, just most - but an Israeli passport is surprisingly good for most of the world outside of the arab world.